Avoid Casinos With Max Bet Rules

[Lucky7btc]

More and more casinos are adding this crappy .025 max bet rule with bonuses. I will be avoiding these casinos as they are predatory terms. If you accept a bet you should pay a bet. It seems most swiss soft casinos are adding this term. Just the amount of bonus wagering requirement alone, is heavily in the casino favor and to restrict someone to just .025 max bet is wrong. Especially if they are a table game player.

[RHavar]

If it's software enforced (e.g. you get an error if trying) it's not so bad. What was *a lot* worse was when dodgy sites like bitstarz would review the play history of large winners, and if they violated that rule (even trivially) they would confiscate the entire account balance for "terms of service" violation.

So at least if it's software enforced, you don't run the risk of losing your entire account balance due to a mistake (or not reading the fine print).


That said, I think people should avoid using bonuses in general. In almost all cases they're carefully designed to benefit the casino, while giving the player the impression it's good.

[Patinix]

That said, I think people should avoid using bonuses in general. In almost all cases they're carefully designed to benefit the casino, while giving the player the impression it's good.

This is the best answer on casino bonusses.

They are useless!

[MinerHQ]

That said, I think people should avoid using bonuses in general. In almost all cases they're carefully designed to benefit the casino, while giving the player the impression it's good.

This is the best answer on casino bonusses.

They are useless!

That is correct these bonuses are almost no use for players. These sites basically want to attract more and more people to their site so they usually come up with many different promotions with some wagering requirements. Those requirements most of the time almost impossible to achieve. Before depositing money carefully check the terms of getting those bonus amount.

[AmoreJaz]

max bet rules is a way of giving the house a bit of favoritism but  it is a way of protecting themselves against people that try to take advantage of certain playing tactics . i dont agree with the max rule that many have started using but looking at things from the other perspective it does make just a small amount of sense on why they are putting it in place

[Lucky7btc]

max bet rules is a way of giving the house a bit of favoritism but  it is a way of protecting themselves against people that try to take advantage of certain playing tactics . i dont agree with the max rule that many have started using but looking at things from the other perspective it does make just a small amount of sense on why they are putting it in place

I won't be playing at any casino that has this .025 btc max crap in place.

[Patinix]

max bet rules is a way of giving the house a bit of favoritism but  it is a way of protecting themselves against people that try to take advantage of certain playing tactics . i dont agree with the max rule that many have started using but looking at things from the other perspective it does make just a small amount of sense on why they are putting it in place

I won't be playing at any casino that has this .025 btc max crap in place.

They do it to prevent martingale. It doesn't work, though..

[RHavar]

They do it to prevent martingale. It doesn't work, though..

More generally, it's an effective way of stoping high-variance playing styles. Let's say they give you a 1 BTC bonus, they'll typically design the play-through requirement such that you won't be able to withdraw you unless you have expected loss of >1 BTC (often as high as 5 or so). However, because of variance peoples actual loses aren't equal to their expected loss, and it's possibly if they're lucky they'll make a nice profit. That wouldn't be good for the casino, so what to minimize the variance they want to forcing you to play a very large amount of very small bets. This makes it exceedingly rare to make more than your expected loss.


Which is pretty much why I in general advise people to avoid accepting bonuses (and often the sort of places that like to mislead their customers into taking them). Instead of having fun with your money, you're often dragged into effectively turning over fake money until you end up losing it.

[casinobonusgiveaway]

That said, I think people should avoid using bonuses in general. In almost all cases they're carefully designed to benefit the casino, while giving the player the impression it's good.

This is the best answer on casino bonusses.

They are useless!

That is correct these bonuses are almost no use for players. These sites basically want to attract more and more people to their site so they usually come up with many different promotions with some wagering requirements. Those requirements most of the time almost impossible to achieve. Before depositing money carefully check the terms of getting those bonus amount.

Bonus is a trick to bust players' funds, it looks like beautiful thing but it is indeed a trap.

Bonus max rule is bullshit, bitstarz never reminds players, but when they win, they fucking ban their accounts.

[klf]

max bet rules is a way of giving the house a bit of favoritism but  it is a way of protecting themselves against people that try to take advantage of certain playing tactics . i dont agree with the max rule that many have started using but looking at things from the other perspective it does make just a small amount of sense on why they are putting it in place

I won't be playing at any casino that has this .025 btc max crap in place.

Some casinos fix the maximum bet to protect their investor's interest but 0.025 BTC is very small amount. I don't think anyone will choose if a site has got such a small maximum limit for playing. I will consider playing unless their maximum limit is reasonable amount otherwise I just avoid and play on other sites.

[Lucky7btc]

STAY AWAY!!! MBIT voided my winnings stating I bet over .025 btc max bet rule. I tried to explain to CS agent Danielle that the terms states .025 is for FREE SPIN bonuses and NOT deposit bonuses as seen here.

Bonus Terms & Conditions
Free Spins

1. Bonus Redemption: Make a minimum deposit of 50 mBTC and the free spins bonus will be added automatically.

If your bonus is not applied automatically, please contact us via live support. One bonus per person, per account, per IP address is allowed. Players may not create duplicate accounts.

2. Free spins bonus advertised in this promotion will be added in installments of 25 free spins every day starting from the next day after your first deposit until all the advertised free spins are granted. Free spins bonus will expire if not activated within 24 hours after it has been credited. Any expired bonus can't be re-activated or added back to players account.

2.a. Players who are making ten (10) or more deposits when there is a bonus available will risk having their winnings from the bonus confiscated and being left with the initial deposited amount of the bonus in question. Players who make 10 deposits in a row to the casino and trigger a bonus on all of those will risk forfeiting any winnings stemming from the bonus.

A minimum of one (1) bonus-free deposit must be made before a player can attempt to make 5 consecutive withdrawals with money stemming from a bonus/promotion. The amount of the bonus-free deposit has a minimum equating to the average amount of the previous deposits where a bonus was unlocked.

3. Players will receive free spins that can be completed in the following games: Boomanji and Fruit Zen

4. Deposits can only be made in Bitcoin.

5. The freespins win must be wagered 40 times to meet the wager requirements for withdrawal.

In other words, your wager must be 40x your earnings from the free spins themselves. If you win 1 mBTC during your 100 free spins, you must wager 40 mBTC after this point to be eligible for withdrawal..

6. Player can request a withdrawal of their deposited amount prior to meeting the wagering requirements. However, the bonus amount and winnings will be forfeited as a result. Please note that while playing with a bonus, the real money balance gets exhausted first.

7. All deposit and free spin bonuses will expire after 14 days.

7.a. Upon the expiry of the bonus, all bonus funds and related winnings will be forfeited

8. When betting, placed bets are deducted from the player’s real money balance. However, if no real money balance is available, the bet placed will be deducted from the player’s bonus balance.

9. Until the play through requirements have been met, the maximum bet that can be placed is 0.025 BTC. This includes double up wagers after the game round has been completed. For example: wagering winnings from X game round on red/black.

10. Please request your bonus by contacting live chat or email right before making your deposit, or right after, but before playing with the deposit.

11. Only one bonus can be claimed at a time. Deposit related bonuses cannot be "stacked". mBit management reserve the right to void any bonuses and/or winnings obtained by fraudulent behaviour.

12. Free spins or bonus rounds gained while playing with bonus money should not be played after bonus is wagered, lost or forfeited.

Deposit Bonuses

1. Unless specified otherwise, deposit bonuses are not offered automatically, but upon request. A player needs to contact the casino using the Live Chat system (“Claim Your Bonus Here” button, on the lower right side of the page), or by creating a support ticket (“Leave an Inquiry Here” button, on the lower right side of the page) if the Live Chat operators are offline, and request the deposit bonus.

2. Deposit bonuses need to be claimed right after making a deposit, but BEFORE placing any bet. If a player fails to meet this requirement, he may not be eligible for said bonus.

3. When no Live Chat operators are online, bonus requests are honored based on the timestamps. This means that a player will still be eligible for the deposit bonus, even if his balance is no longer live at the time the request is processed, if he made the request in accordance with our rules (after making a deposit, but prior to playing).

4. Any bonus and winnings will be forfeited if a player has an active bonus and moves after winning from low weighted games like table games, to high weighted games like slots (or first bets high and then low with a stake not in proportion to the balance) for the sole purpose of completing wagering requirements. This will be judged at the sole discretion of the casino after reviewing the gameplay. This type of activity may lead to permanent closure of the account and will also lead to a permanent exclusion of our VIP program where all credited points are forfeited.


Wagering Requirements

1. Winnings from any casino bonus will become a part of the real money balance only after having wagered the value of the bonus 35 times. For example: If a player received 10 mBTC bonus he will need to wager 350 mBTC before any winnings and the bonus will become part of the real money balance.

2. Before being able to make a withdrawal players must wager the bonus amount a minimum of 35 times, unless otherwise stated in the promotional material.

She apparently can't read or don't understand the very terms on their own casino website.

[RHavar]

STAY AWAY!!! MBIT voided my winnings stating I bet over .025 btc max bet rule. I tried to explain to CS agent Danielle that the terms states .025 is for FREE SPIN bonuses and NOT deposit bonuses as seen here.

Yeah, a leaf out of bitstarz book. It's pretty bullshit. It's not listed on their ToS, but on a separate page (bonuses terms) and under  the (wrong) section called "free spins".

If they can't use software to reject the bet (it's literally an if statement..) and they use it to void winnings, it's insanely predatory.

[micher143]

I am thinking that too because with my experience whether it is faucet funds or not when I am going to do a max my bet I am always losing so I think don't go to the max bet because you will just lose your money. And another before you are going to deposit in a site read the terms first because you can loss your money just like you said before.

[Pursuer]

having bonus and a max bet rule doesn't mean automatically the site is bad and should be avoided. the bonus is a way of advertising and all these restrictive rules such as max bet and many more are there to prevent abuse of the bonuses. you can't just make a deposit, get the bonus and then withdraw! there needs to be a mechanism to prevent a big amount of money exiting the site just like that.

but the problem is that this "mechanism" is always in favor of the house and it is strictly designed which is why players are never going to get that amount out.
some casinos being scam and using this promotion tactic to scam people is another story though.

[mnet26]

Actually what's funny about the scam accusation still against Bit Starz is now Soft Swiss has the max bet system put into place for well over the last month.  I'm not sure where you folks have come up with that they don't have a max bet system put in place.

Sure it was put in later down the road, but it is there now.  So now that accusation is now invalid.  What's next?

I really give Soft Swiss credit for stepping up the plate and implementing this system, at least there listening to there players.  Compared to some gambling sites where they don't listen at all.

[adaseb]

Yes in my opinion what they are doing is very unfair. Most likely to protect themselves so nobody can actually go over their rollover amount to claim the bonus.

Alot of people are going to be very pissed. They should of at least coded their script or website to block any bets which are over a certain amount.

Either way they just take advantage of people who never read the terms.

[ralle14]

having bonus and a max bet rule doesn't mean automatically the site is bad and should be avoided. the bonus is a way of advertising and all these restrictive rules such as max bet and many more are there to prevent abuse of the bonuses. you can't just make a deposit, get the bonus and then withdraw! there needs to be a mechanism to prevent a big amount of money exiting the site just like that.

but the problem is that this "mechanism" is always in favor of the house and it is strictly designed which is why players are never going to get that amount out.
some casinos being scam and using this promotion tactic to scam people is another story though.

I think it's bad and should be avoided because they don't mention any amount restriction about deposit bonuses and they're pointing out the rules about the freespin when you look at lucky7btc's post above. They should update their terms if they don't want to get their players confused.

[Oilacris]

having bonus and a max bet rule doesn't mean automatically the site is bad and should be avoided. the bonus is a way of advertising and all these restrictive rules such as max bet and many more are there to prevent abuse of the bonuses. you can't just make a deposit, get the bonus and then withdraw! there needs to be a mechanism to prevent a big amount of money exiting the site just like that.

but the problem is that this "mechanism" is always in favor of the house and it is strictly designed which is why players are never going to get that amount out.
some casinos being scam and using this promotion tactic to scam people is another story though.

I think it's bad and should be avoided because they don't mention any amount restriction about deposit bonuses and they're pointing out the rules about the freespin when you look at lucky7btc's post above. They should update their terms if they don't want to get their players confused.

Most of casinos are like that which they dont really tend to announce or put up on their terms related on the bonus or whatsoever max bet rules so that if a player would complain related to it they can easily jump in or mention about their rules and regulation in most cases players wont do anything about it since they arent able to achieve the rule and those money would always go on casinos pocket.

[Zicadis]

Not only casino bonuses With Max Bet Rules should be avoided

just all bonuses should be avoid because these come with terms that players themselves do not understand and are only known to the casino itself which results in a player losing money to the so called  predatory terms. We are better off with free bets than a bonus.

[mnet26]

and yet most of the FortuneJack posters who are promoting them in there sig campaign.  Guess what?  Fortune Jack also has a 0.025 BTC max bet rule in place too.  Like gee almost like it's universal across all soft swiss lines.

Yet oh wait a minute though no one wants to bash Fortune Jack because there promoting them.  Let's just pick on other soft swiss casinos.

Oh let's pick on other Soft Swiss casinos because we want ours to be the only one without shame.  Shall I point out the page with said max bet rule in place for you folks?

I common folks, if your going to be dumb enough to make a deposit.  Then take a bonus and can't be bothered to read the terms.  Then personally I think you get what is coming to you.  To me it's like throwing money away because ya know, there are boxes that say you can not take bonuses if you so desire.

Personally I"m all for those who would rather not take a bonus, because your free to do with your deposit as you please.  Otherwise you decide to take a bonus, I would all the important questions first before I even bother starting to play.

Like for example...

Is there a max bet that I can place? <-- this is now solved in all soft swiss casinos, but others like RTG they still haven't had this implemented yet

Are there disallowed games? <-- Make sure you understand whether it's a slots bonus or an all games bonus, and if it's an all games bonus then what games contribute what to the wagering requirement

What's the wagering requirement?  <-- to me anything over 30 times (deposit + bonus) is starting to become a money trap for the player, they'd have to hit some huge sums just to hope to finish the wagering?

Is there a time frame restriction on how long I have to finish the wagering of this bonus? <-- these are trap bonuses because they make you play them in a really short period of time

Then last but not least, is there a cash out restriction?  <--This one is especially important on free spin or free chips promotions, I'd hate to see someone win big and then get skunked because they had a max cash out restriction in place.

You have to remember these bonuses are provided as a courtesy to the players.  They aren't required of the casino.  They could just take your money straight up and not offer anything at all in return for it.

Yet I really hate folks point fingers at one casino, when pretty much all Soft Swiss casinos are in bed with each other in some form or fashion.